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PE investor exits from Xcel

Private equity firm Horse-Shoe Capital, an affiliate of Q-Investments - USA will sell its entire stake in Xcel Telecom which it incubated two years ago to American Tower, a leader in communication......

American Tower gets nod to buy Essar's tower biz

The government on Friday approved a proposal of Transcend Infrastructure, a subsidiary of US-based American Towers, to acquire the tower business of Essar Telecom, entailing an FDI inflow of about......

M&A activity declines 60% during Q1 2009

India's merger and acquisition scene for the first quarter of 2009 has been dismissal. Indian companies were involved in a total of 54 deals for this quarter--that is a decline of 60 per cent......

Telecom tower biz to see high frequency battle

The telecom tower-transmission business is going to see a shake-up with cash-rich and independent companies moving in with aggressive plans.So far, the telecom firms have been the dominant players......
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Coming to India and making

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